A former executive vice-chairman of global wealth management of UBS Switzerland joins HSBC as head of Switzerland and EMEA private banking.
Credit Suisse detailed its wealth management strategy for Asia with not only a continued focus on the ultra-wealthy but also extending coverage of the broader high net worth segment in the region.
Hong Kong’s reputation for high housing costs persists with the latest $111 million property sale, the top transactions this year, but this is still far from the city’s record price.
Credit Suisse lays out its ambitions for its wealth management division and streamlining its structure.
Asian investment manager Eastspring has announced two senior appointments at the C-suite level.
Investors will be looking for guidance from top executives at the troubled Swiss bank.
Despite reopening efforts and attractive valuations, Julius Baer urges investors to exercise more patience before making a meaningful entry into the Chinese market.
Singapore-based Three Arrows Capital's failure to repay bitcoins and USD Coins is another sign of the ongoing market turmoil.
As they prepare to fund the biggest industry shift in history, CEO Peter Harrison tells finews.asia why asset managers should be indifferent to whether a firm is public or private when building portfolios.
Sun Life appoints a general manager for life and health in its Hong Kong business.
A criminal case involving Credit Suisse, a former employer, and Bulgarian drug traffickers has resulted in imprisonments and fines. Credit Suisse will appeal.
Troubled crypto lender Celsius Network has reportedly hired consultants to advise on a possible bankruptcy filing while a Wall Street giant was raising funds to buy its distressed assets.
Monetary Authority of Singapore’s chief fintech officer lauded the crypto industry’s progress thus far but warned against creating a «forced error» that could mark a premature end to a promising market.
UBS is feeling underappreciated and seeking help from its US counterparts to increase its book value.
One of the effects of COVID-19 has been to significantly reduce the number of unbanked individuals in the archipelago, a study says.
Although the war for talent is raging, current market headwinds are likely to halt the advance of soaring salaries.
Although the rules and potential scenarios are still in the making, it is now clear that even the banking world cannot fail to consider the Metaverse in defining its strategy, Gianluca Gerosa writes in an essay for finews.first.
Credit Suisse Asset Management continues to make progress on its supply chain finance fund payments by signing an agreement with mining firm Bluestone Resources.
Australia’s Suncorp is ostensibly looking to dispose of its banking operations and refocus on its insurance arm.
Despite reopening hopes and stimulus injections, Deutsche Bank has not yet advised investors to fully reenter the Chinese market.
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